DM · AmericasMG · Africa

Dominica vs Madagascar: tax rates compared

Between the two, Dominica's income tax rate (35%) tops Madagascar's (25%) by 10pp. The 200-country average is 28%: Dominica sits above it, Madagascar sits below it. Dominica's figure is dated 2018-01-01 and Madagascar's 2026-01-01, so the two rates come from different data vintages.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%35%Corporate20%25%VAT15%20%Wealth Tax0%
four shared taxes, side by side
Tax DM MGDifference
Income Tax35%25%DM +10 pplargest gap
Corporate Tax25%20%DM +5 pp
VAT15%20%MG +5 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Dominica35%Source: Commonwealth of Dominica Inland Revenue Division — Current Income Tax Rates · as of 2018-01-01
Madagascar25%Source: Ministère de l'Économie et des Finances (Madagascar) — Loi n° 2025-021 portant Loi de Finances pour 2026, Article 01.03.16 · as of 2026-01-01
Difference+10 ppDominica higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Dominica25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Madagascar20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+5 ppDominica higher

Between the two, Dominica's corporate tax rate (25%) tops Madagascar's (20%) by 5pp. The 201-country average is 22.6%: Dominica sits above it, Madagascar sits below it.

VAT

VAT, side by side
CountryRateSource
Dominica15%Source: Dominica Inland Revenue Division — Value Added Tax · as of 2006-03-01
Madagascar20%Source: PWC Worldwide Tax Summaries — Madagascar (Corporate, Other taxes) · as of 2025-11-18
Difference−5 ppMadagascar higher

Between the two, Madagascar's VAT rate (20%) tops Dominica's (15%) by 5pp. The 181-country average is 15%: Dominica matches the world average, Madagascar sits above it. Dominica's figure is dated 2006-03-01 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Dominica0%Source: Dominica Inland Revenue Division — Tax Laws · as of 2026-07-18
Madagascar0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2025-11-18
Difference0 ppdisplayed rates match

There's no gap here — Dominica and Madagascar both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Dominica's figure is dated 2026-07-18 and Madagascar's 2025-11-18, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.